2012 Long term care : general liability and professional liability actuarial analysis

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<title>2012 Long term care</title>
<subTitle>: general liability and professional liability actuarial analysis</subTitle>
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<namePart>Aon Global Risk Consulting</namePart>
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<place>
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<publisher>Aon Global Risk Consulting</publisher>
<dateIssued>2012</dateIssued>
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<abstract displayLabel="Summary">The statistics presented in this report are based on an actuarial analysis of the aggregated long term care GL/PL claim database and related exposure data. The analysis applies standard actuarial methods to the claim data to develop ultimate losses and claim counts by accident year. These projections are used to calculate the following statistics presented in this report: Loss Rate; Overall Frequency  annual number of non-zero claims per occupied bed equivalent; Indemnity Frequency; Severity  average ultimate size of each claim</abstract>
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